Melbourne, Australia, June 01, 2010 --(PR.com
)-- The introduction and ongoing delivery of the data feed will greatly reduce the time and administration required by accountants and fund administrators to process transactions associated with fund accounting including share trades, managed fund switches and income processing.
In addition to offering an in-house SMSF administration and technical service, netwealth is focused on working with dealer groups and accountants to assist them in providing efficient SMSF services to their clients.
Matt Heine, Executive Director at netwealth commented: “netwealth is committed to developing and offering a broad range of services to the HNW, Private client market. In most cases advisers servicing this segment will look to use a SMSF as part of a clients overall strategy and we need to ensure they get value and efficiencies from the relationship.”
“Given the size and growth of the market netwealth clearly understands the need to work closely with current and prospective licensees, advisers and accountants, who specialise in SMSF advice.”
netwealth has recently released a number of new initiatives for the market segment including new rebalancing technology to assist with managed account arrangements and a private wealth rate card aimed at businesses operating on a fee for service basis.